He held a meeting with the heads of PSU banks today to review the quarterly performance of lenders.
Jaitley said there are 24 crore Jandhan accounts but Rs 42,000 crore have been deposited in them.
“Those 24 crore accounts mostly have people from weaker sections. Now those people have deposited Rs 42,000 crore in these accounts. The figure of Rs 42,000 crore cannot be arrived at by adding Re 1,” he said.
PMJDY, the flagship financial inclusion scheme of the government, aims to provide financial services, deposit accounts, remittances, credit and accident insurance to everyone.
It also seeks to inculcate a widespread banking habit and create credit histories of account holders, thereby facilitating them to access overdraft/credit from banks.
Sourced from PTI, Featured image courtesy: indianexpress.com
